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Gold/Mining/Energy : Silver prices
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To: posthumousone who wrote (192)11/19/1997 1:42:00 PM
From: Alan Whirlwind  Read Replies (2) of 8010
 
Silver up 12 cents today? The low price of gold bullish for silver longer term due to expected closing of half of the world's gold mines (which also produce silver)? I think silver is telling us that it likes the $5+ level, thank you. At some point sheer demand will force the price up hard as reserve stocks continue to dwindle. 1998 could indeed be the year.
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